Goals: Obtain a job in the data analysis/financial analysis industry. Work my way into a trading position (best case scenario) or into a forecasting/statistical modeling position.
Financially able: The average starting salary of the Masters graduate of this program is ~ $55,000 with variation. Typically go into data analysis and finance thanks to Charlotte.
Family: Parents fully paid for my undergraduate. I personally am responsible for my graduate.
This degree is necessary for my career. However, is now the right time to acquire it?
Ouch. Have you considered alternate career paths that help you do what you want but won't hurt you financially? Per your original comment, if you want to get into trading, I assume you want to work for one of the major houses, which would mean New York or Chicago. That is almost poverty level for those cities.
Salve
If you have experience already, being in internship and more, it will be easier, I think decisions are in your hand.
Think 10 20 years from now, how markets are changing dramatically so you always have plan B and C in case, don’t assume everything will be nice, always be ready.
If this degree is necessary then go for it and expand later on as you get more exposure.
Merci.
That stuff looks a heck of a lot different from the inside looking out than it does from the outside looking in!
My son, a former financial analyst and trader for a major bank is now working as a recruiter for a manufacturing concern.
Goals: Obtain a job in the data analysis/financial analysis industry. Work my way into a trading position (best case scenario) or into a forecasting/statistical modeling position.
I stand by what I said in my previous.
Find an older guy who is doing exactly what you want to do. Try and get hired by him even if it’s like an internship, low pay but he explains a lot to you and shares bit by bit some responsibilities with you so you learn from him. Ask him when would be the best time to go back and get that master’s. I’m guessing in about 2 years or so.